S.Korea's Samsung Heavy wins $1.3 bln order from Statoil

SEOUL, June 12 Tue Jun 11, 2013 10:05pm EDT

SEOUL, June 12 (Reuters) - Samsung Heavy Industries Co Ltd said on Wednesday it had won a 1.46 trillion won ($1.3 billion) order to build two large-scale jack-up rigs for Norway's Statoil ASA.

The South Korean shipbuilder said in a statement the rigs were expected to be put to use in the North Sea off the coast of Norway. The contract is expected to be completed in October 2016. (Reporting by Joyce Lee; Editing by Paul Tait)

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